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The national clearance rate for auctions hit 75.4 per cent on preliminary numbers with buyers buoyed by both the possibility interest rates have peaked and tax cuts slated for later in the year.
The son of media mogul Bruce McWilliam walked away with the keys after his father outbid five others for the terrace in need of a major renovation.
The plunge pool, entertaining pavilion and bar featuring sporting memorabilia were major draw cards for buyers at a hot auction that drew six bidders.
The plunge pool, entertaining pavilion and bar featuring sporting memorabilia were major draw cards for buyers at a hot auction that drew six bidders.
The result was more than double the price the home last traded for in 2015, but the property had been stylishly renovated and extended since.